NZD/USD, SHORT, WEEKLY CHART (13-NOV-2016)
Updated
2 bearish signals: bearish pin bar and 2 bars reversal appeared.
Both suggest a potential downward reversal trend.
Watch. If it breaks both the support zone and upward trendline.
It will be a 1:2.5 R/R nice short trade!!!
Trade with right risk management skill
Both suggest a potential downward reversal trend.
Watch. If it breaks both the support zone and upward trendline.
It will be a 1:2.5 R/R nice short trade!!!
Trade with right risk management skill
Comment
NZD/USD breaks the upward trendline, now let's watch if it can break the support zone. Watch it. If it breaks the support zone, any weak Pull Back is time to short.
Trade Safely
Comment
NZD/USD not only breaks the upward trendline, now it is almost going to break the support zone.After its breakout, wait for pull back and short for it.
Beware of the potential high swap for this pair.
Trade safely :)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.